Placement of a senior debenture loan of €500m

Today, Unipol Gruppo S.p.A. (the “Company”) launched the placement of a non-convertible, non-subordinated, and unsecured debenture loan of €500m for ten years reserved exclusively for qualified investors.

The above loan, to be issued drawing from the Company’s debenture issue program called “€2,000,000,000 Euro Medium Term Notes” will have the following characteristics: €500m in principal amount expiring in November 2027, issue price of 99.842%, and coupon of 3.50%.

The settlement date of the loan is scheduled for 29 November 2017, i.e. the date on which the debentures are expected to be listed on the regulated market of the Luxembourg Stock Exchange, subject to the relevant contractual documentation being signed and to meeting the conditions precedent upon the issue.

It is expected that securities representing the debenture loan will be assigned a rating of “Ba2” and “BB+” by Moody’s and Fitch, respectively.

The placement of the debenture loan will be managed by JP Morgan, Mediobanca – Banca di Credito Finanziario S.p.A. and UniCredit as Joint Lead Managers.